Investment House Weekend Wrap Up Archive
Weekender for 12/1
1. Market Summary Upside Break Continues – Tuesday continued the upside break even though it was a bit hungover and the PHLX Semiconductor Sector (SOX) was down. – The Fed and trade have pushed the upside. – The gains of housing prices are slowing. – There was a data dump on Wednesday. While Tuesday was […]
Weekender for 11/24
1. Market Summary Trade Issues Move the Market Back and Forth – Absurdly varied trade headlines are fortunately having less impact than before. – Indices are testing, but they are not testing much. Is this all the test that they can give? – Leaders are already testing 5% or more. – If the leaders start […]
Weekender for 11/17
1. Market Summary Walking the Line – Another soft open led to some bids, but no breaks higher. – China is being childish on trade as it wants the tariffs removed before it agrees to anything. – Prices remain relatively under control. – Stock indices remain in their lateral consolidations. While some leaders broke higher, […]
Weekender for 11/10
1. Market Summary Trade Issues Remain Salient – Trade giveth, trade taketh away. Kind of. – An early gap higher led to new highs on the S&P 500 and the DJ30. The NASDAQ slipped in the afternoon and gave up an earlier new high. – We saw some more churn on the NASDAQ as all […]
Weekend Wrap Up for 11/3
1. Market Summary A New Day, A New Fed Rate Cut – Stocks were sluggish the day after the Federal Open Market Committee (FOMC) meeting and recovered decently. – Trade worries and a weak Chicago Purchasing Management Index (PMI) trumped more solid earnings. – The S&P 500 bumped the 2018 trend line when the indices […]
Weekend Wrap Up for 10/27
1. Market Summary Excerpted from Thursday’s paid content of “Investment House Daily” by Jon Johnson. Tech Day Has Come! – Earnings and Fed liquidity were able to overcome the weak economic data. – Durable goods capital expenditures are the lowest they’ve been since 2016. – Repurchase agreements injected $134 billion into the system on Thursday […]
Weekend Wrap-Up for 10/20
1. Market Summary Excerpted from Thursday’s paid content of “Investment House Daily” by Jon Johnson. Not A Major Revival, But Not A Terrible One – There has been no surge by the large-cap indices. – The good news from earnings and Brexit have been offset by news regarding Housing Starts, the Philly Fed and industrial […]
Weekend Wrap-Up for 10/13
1. Market Summary Excerpted from Thursday’s paid content of “Investment House Daily” by Jon Johnson. Positive Trade Talk News Leads Market Revival – Positive trade vibes helped lift stocks after President Trump said that the trade negotiators would meet on Friday. – Indices still backed off from their near resistance after the news regarding the […]
Weekend Wrap-Up for 10/6
1. Market Summary Excerpted from Thursday’s paid content of “Investment House Daily” by Jon Johnson. Stocks Plunge Post Poor Manufacturing Report – There was a soft start and then a plunge on the ISM Services led to a 200-day SMA (simple moving average) and a rebound. – It is nice to see the market act […]
Weekend Wrap-Up for 9/29
1. Market Summary Excerpted from Thursday’s paid content of “Investment House Daily” by Jon Johnson. Stocks Set To Rebound, Achieve Mixed Success – Stocks were set to rebound, but faded as growth stocks led the downside. – The data are a bit disappointing regarding the United States’ gross domestic product (GDP), but are solid regarding […]
